by our College Data Analytics TeamMany students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Trinidad State College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial assistance solutions will Trinidad State Junior College provide, and just what are you going to be eligible for? Read on for answers. Keep going to discover what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Trinidad State College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Trinidad State College, 86% of first-time, full-time freshmen received some form of financial aid some 233 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $9,786 |
| Institutional grants & scholarships | 59% | $5,449 |
| Federal Pell grants | 53% | $6,311 |
| State/local grants | 42% | $3,562 |
| Federal student loans | 16% | $5,083 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Trinidad State Junior College, approximately 58% of undergraduates were awarded grant or scholarship aid averaging $9,802 (covering around 942 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $9,802 |
| Federal Pell grants | 45% | $6,618 |
| Federal student loans | 12% | $6,493 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $10,686.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,430 |
| $30,001 – $75,000 | $11,096 |
| Over $75,000 | $18,220 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $10,772 |
| Off-campus title-IV students | $11,197 |
For a customized cost estimate, visit Trinidad State Junior College’s net price tool: www.trinidadstate.info/NetPriceCalculator/.
The median federal debt load at Trinidad State Junior College comes to $6,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,500 |
| Median federal debt (graduates only) | $8,908 |
| Typical 10-year monthly payment (graduates) | $94.44/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Trinidad State Junior College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,500 |
| 75th percentile | $10,500 |
| 90th percentile (highest-debt students) | $20,050 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,650 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,000 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at Trinidad State Junior College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Trinidad State Junior College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3861 |
| Total Stafford loan amount | $36,295,829 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 34 |
| Total GI Bill amount | $177,078 |
| Average GI Bill amount per recipient | $5,208 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.